72
72
Nov 10, 2012
11/12
by
FBC
tv
eye 72
favorite 0
quote 0
threatens layoffs if president obama was reelected. now he is singing a very different tune. you won't belief what he really did. david siegel joins me to explain why. even when they say it's not it is always about money. melissa: and first, let's take a look at the day's market headlines. stocks squeaked out small gains following their biggest two-day decline for the year. concerns about the fiscal cliff still lingering but better than expected consumer sentiment gave a little optimism to investors. the dow closed up four points. groupon's shares nosedived more than 30% today. the daily deal site reported disappoint earnings on both of top and bottom line. the stock is down more than 86% from its $20 a share ipo price. >>> shares of kayak soared close to 28%. priceline.com announced it will acquire the on line travel site for $1.8 billion. it is their lucky day. >>> let the rationing begin. new york city and long island now imposing alternate day gas rationing, are you kidding me? 11 days after the storm slammed the east coast, giant
threatens layoffs if president obama was reelected. now he is singing a very different tune. you won't belief what he really did. david siegel joins me to explain why. even when they say it's not it is always about money. melissa: and first, let's take a look at the day's market headlines. stocks squeaked out small gains following their biggest two-day decline for the year. concerns about the fiscal cliff still lingering but better than expected consumer sentiment gave a little optimism to...
60
60
Nov 20, 2012
11/12
by
FBC
tv
eye 60
favorite 0
quote 0
a second term for president obama means tax increases are much more likely. gerri: thank you for breaking it down for us. happy thanksgiving. >> you as well. gerri: the fiscal cliff to be 41 days away, but thanksgiving is today's from now. they have not bought your turkey, you may want to get on that. if you remember how much was spent last year, it is about the same. the average cost of thanksgiving dinner will be just under $50. up $0.28 from last year. the reason for that increase, the price of a turkey more than 3% higher than last year. due to the drought in the midwest this summer increasing the price of turkey feed and will probably go even higher next year. if you are serving dinner rolls this year, they're up more than 1% thanks to a rise in wheat prices and a supply shortage a result. mainly because the drought did not really impact idaho. you cannot have thanksgiving dinner without stuffing. the prepackaged cubes, almost 4% less this year. if you want with cream, that will save you the most thanks to falling dairy prices. may not be good for your w
a second term for president obama means tax increases are much more likely. gerri: thank you for breaking it down for us. happy thanksgiving. >> you as well. gerri: the fiscal cliff to be 41 days away, but thanksgiving is today's from now. they have not bought your turkey, you may want to get on that. if you remember how much was spent last year, it is about the same. the average cost of thanksgiving dinner will be just under $50. up $0.28 from last year. the reason for that increase, the...
98
98
Dec 27, 2012
12/12
by
FBC
tv
eye 98
favorite 0
quote 0
no obama comes in and wants to spend more and raise taxes. republicans are saying no. we would have a problem if obama hadn't increased the budget by a trillion dollars more a year. gerri: let's face it, whether you're talking about stimulus spending, obamacare, that's3 going to go through the roof, the things that you're going to pay for all this with higher taxes is lunacy, to say the least. on that note, we're going to have to leave it there. thank you for coming, grover. we hope to see you in the new year. christmas sales were weaker than expected. so now retailers have to give shoppers deeper discounts. in a new proposal to help stggli homeowners. don't worry, the government will take care of you. we will explain coming up next gerri: retailers are experiencing their worst holiday performance since the 2008 financial crisis. but is it too late to count retailers out? could post holiday discounts have retailers and shoppers spurting? let's ask founder america's research group, president and chief economist. whathappened with retail sales? we were expecting a 3% gai
no obama comes in and wants to spend more and raise taxes. republicans are saying no. we would have a problem if obama hadn't increased the budget by a trillion dollars more a year. gerri: let's face it, whether you're talking about stimulus spending, obamacare, that's3 going to go through the roof, the things that you're going to pay for all this with higher taxes is lunacy, to say the least. on that note, we're going to have to leave it there. thank you for coming, grover. we hope to see you...
48
48
Nov 30, 2012
11/12
by
FBC
tv
eye 48
favorite 0
quote 0
but indication today that president obama is a little bit more flexible on the tax hike for the rich, at least than we thought, but he still want to doe i have tdestroy you rich pe, kidding, he doesn't toupee more but not clinton era more. 38%, that is potentially a significant development, it could be a deal maker, he is why, president says he -- republicans to give in on having rich pay more taxes, republicans could say as least as not as much more. in a sense, it splits the tax revenue difference. there is still a long way from the deal. but clearly sign yet that this president, who has been attacked for not being flexible on spending cuts, by not cutting anybody. what to make of it? tom fanning. and former bush front economic director todd. erin, what are we to make of this? do you get a sent from this, that this is the making of a middle ground deal? >> i think it is. i was up on capitol hill today. john boehner had a press conference followed one by senate democratic leaders, they were both chest thumping saying neither side of getting closer, but privately they are, republicans
but indication today that president obama is a little bit more flexible on the tax hike for the rich, at least than we thought, but he still want to doe i have tdestroy you rich pe, kidding, he doesn't toupee more but not clinton era more. 38%, that is potentially a significant development, it could be a deal maker, he is why, president says he -- republicans to give in on having rich pay more taxes, republicans could say as least as not as much more. in a sense, it splits the tax revenue...
94
94
Nov 27, 2012
11/12
by
FBC
tv
eye 94
favorite 0
quote 0
obama. of course. 29%. >> that as president obama effectively we using the soap box. then i say this. if this was a referendum on higher tax rates, was a ballet on obamacare? the public is opposed to obamacare. is the president going to put obamacare on the table for spending cuts? they do have some principles to fight for and i think it would be a waste if they can act and caved in on everything. i think that the government needs more revenue. because of the recession, government revenue fell. but that doesn't mean you have to tax rates. we areoing to need economic growth. if you raise the rates, history shows they don't get new growth. cheryl: before you go, have to share this. people are asking, 67%, that is what we are dealing with here. >> that is the view of congress. 28%, it more or less doubles the favorability rating. they are getting betr even that 28%. >> that is kind of what at romney was standing on as far as the balcony goes. >> thank you for bing here. >> it is my pleasure. >> what should you expect from the markets? we will have answers for you and tod
obama. of course. 29%. >> that as president obama effectively we using the soap box. then i say this. if this was a referendum on higher tax rates, was a ballet on obamacare? the public is opposed to obamacare. is the president going to put obamacare on the table for spending cuts? they do have some principles to fight for and i think it would be a waste if they can act and caved in on everything. i think that the government needs more revenue. because of the recession, government revenue...
69
69
tv
eye 69
favorite 0
quote 0
fair share on taxes. he has less than a week to sell the message. we're breaking down the facts. >>> plus, mayor michael bloomberg tells president obama, i think we doneed you to visit new york city, thanks very much. i think that makes it a lot of sense. one of the people on the show says it is a major slight and he is coming here to disagree with me. mo coming up. ♪ . melissa: so it is the final stretch to six days till the election and the tax debate is getting even louder. the major battle cry from the left whether the rich pay enough in taxes. "the wall street journal"'s steve moore knows all about this in his brand new, super fantastic book, who's the fairest of them all? i love it. he breaks down the truth on taxes an even more. steve, i want to talk to you all about your fantastic book which everyone should order immediately. i want to ask you quickly, do you think superstorm sandy will affect the accuracy of friday's jobs numbers? what do you think?. >> we may see a slight downturn in jobs numb
fair share on taxes. he has less than a week to sell the message. we're breaking down the facts. >>> plus, mayor michael bloomberg tells president obama, i think we doneed you to visit new york city, thanks very much. i think that makes it a lot of sense. one of the people on the show says it is a major slight and he is coming here to disagree with me. mo coming up. ♪ . melissa: so it is the final stretch to six days till the election and the tax debate is getting even louder. the...
76
76
Nov 29, 2012
11/12
by
FBC
tv
eye 76
favorite 0
quote 0
there is no question that president obama said the rich will pay more if i'm elected. the question is, can you get a compromise? republicans give up their opposition to tax increase, democrats are willing to cut spending they cherish realize part of the deal to avoid america borrowing --. neil: but they're not doing that latter part. that is what worries me. maybe they will. maybe something is going on behind closed doors i'm not seeing governor but they're not doing that. >> big question was, is prop 30 is this passage a harbinger of good news and we'll somehow avoid the fiscal cliff. i think it might be. it will require both sides to realize america should take priority over your party, being republican and democrat. we can't keep borrowing 40 cents out of every dollar without becoming a debtor nation and engaging in a slow dim minute news of out influence and power around the world. i think a seminal event at the federal level as well. neil: governor wilson, at least unlike washington, here in california you have guys been doing a lot of cutting. you could cut a lot
there is no question that president obama said the rich will pay more if i'm elected. the question is, can you get a compromise? republicans give up their opposition to tax increase, democrats are willing to cut spending they cherish realize part of the deal to avoid america borrowing --. neil: but they're not doing that latter part. that is what worries me. maybe they will. maybe something is going on behind closed doors i'm not seeing governor but they're not doing that. >> big question...
98
98
tv
eye 98
favorite 0
quote 0
stuart: obama has raised taxes on the rich. i still have a little bit of hope that somebody will do something reasonable in this country. i'm inclined to believe it is almost inevitable that tax hikes are coming our way. stuart: let's review our discussion. >> you don't think anybody will do anything reasonable in this country again? is going to happen. believe it or not somebody will do something reasonable. >> you might as well try to teach it -- teach a cat to bark. it doesn't feel like it right now. stuart: there is no way you will take a victorious barack obama away from raising tax rates on the ritz. >> if that happens the economy is socked in the democrats will win for a generation. stuart: they're in my year saying leave it right there. got it? it is yours.
stuart: obama has raised taxes on the rich. i still have a little bit of hope that somebody will do something reasonable in this country. i'm inclined to believe it is almost inevitable that tax hikes are coming our way. stuart: let's review our discussion. >> you don't think anybody will do anything reasonable in this country again? is going to happen. believe it or not somebody will do something reasonable. >> you might as well try to teach it -- teach a cat to bark. it doesn't...
86
86
tv
eye 86
favorite 0
quote 0
they say america doesn't need a tax cut from mitt romney, no, they say, it's president obama who has a clear path to deficit reduction. he will use tax hikes to cut the debt. so they say. incredible! a capitalist magazine endorses tax and spend big government? i've he said many times that the elites are usually wrong, "the economist" is an elite magazine and they're wrong on america. as i said they have betrayed their principles. they have betrayed their own editorial history. goodbye. all energy development comes with some risk, but proven technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contatained cycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. dothank you, mr. speaker, uh, energmembers of congress.... in celebration of
they say america doesn't need a tax cut from mitt romney, no, they say, it's president obama who has a clear path to deficit reduction. he will use tax hikes to cut the debt. so they say. incredible! a capitalist magazine endorses tax and spend big government? i've he said many times that the elites are usually wrong, "the economist" is an elite magazine and they're wrong on america. as i said they have betrayed their principles. they have betrayed their own editorial history....
80
80
tv
eye 80
favorite 0
quote 0
president obama spent his afternoon in northern virginia again pushing his case for raising taxes on families earning more than $250,000 a year. >> i'm not going to sign any package that somehow prevents the top rate from going up for folks at the top 2%, but i do remain optimistic that we can get something done that is good for families like this one and that is good for the american economy. >> so i think it's safe to say at this point that the president actually isn't interested in a balanced agreement, he's not particularly interested in avoiding the fiscal cliff, and he's clearly not interested at all in cutting any spending. >> reporter: while democrats and republicans debate the size and specifics on tax increases, the two sides also remain apart on spending cuts, reforming entitlement programs like medicare and on the president's request to have greater power to raise the country's debt limit. but the news coming out of this one, "wall street journal" headlines saying that staff members from the president's team and from speaker boehner's team are genre assuming talks. we con
president obama spent his afternoon in northern virginia again pushing his case for raising taxes on families earning more than $250,000 a year. >> i'm not going to sign any package that somehow prevents the top rate from going up for folks at the top 2%, but i do remain optimistic that we can get something done that is good for families like this one and that is good for the american economy. >> so i think it's safe to say at this point that the president actually isn't interested...
82
82
Sep 19, 2012
09/12
by
FBC
tv
eye 82
favorite 0
quote 0
shows that almost half without any skin in the game that does not mean they are all in barack obama's corner. i, agree with you by insinuating is what mitt romney may have come upon, that i is -- prematu, but, what should we be, in high 20s 2 to not pay income taxes >> argument about skin in the game is important. if we wind up with a country where most people do not day tax, then as that warfare politician promising new freebies from the government saying only 20% of people will pay tax, you get unhealthy political dynamic, have you in countries like italy, france and greece, we all know where that ends. because, sooner or later, -- >> i don't know if we all know, that dan, you hit a crucial thing, i don't know if we all know that, or if governor articulated that. a lot of people assume we can keep this entitlement nation going undeterred. >> you are probably right, that is the job of those of us what work at think tanks, and of people that work in media, if we do not educate the american people about risk of continuing on this path, and we already than demographics and indictment we
shows that almost half without any skin in the game that does not mean they are all in barack obama's corner. i, agree with you by insinuating is what mitt romney may have come upon, that i is -- prematu, but, what should we be, in high 20s 2 to not pay income taxes >> argument about skin in the game is important. if we wind up with a country where most people do not day tax, then as that warfare politician promising new freebies from the government saying only 20% of people will pay tax,...
175
175
Dec 18, 2012
12/12
by
FBC
tv
eye 175
favorite 0
quote 0
along with president obama inching towards higher income threshold for tax cut expiration's the market is charging ahead, but in the last hour senator reid said the proposal from boehner will not pass the senate. the market is surging once again a high of the session up 117 points for the dow, right now better by 97. this is the breadth of the market, overwhelmingly positive meaning the advance is outpacing the decline. the dow jones industrial, as you can see, nice move. twenty-seven down 30 components are up. united technologies and in tela the best performerr. general electric, one of the few weak links in the chain. you, the investor, continuing to pile into what? well, the financials, especially the big money-center banks like banc of america north of $11 per share. at 1116, the stock is nearly doubled. and you can see, up just 1 penny. at $39 in assistance -- $0.16 that is a big resurgence. wells fargo, a similar sort -- single story. goldman joining the story. all right. the sec of the home builders. momentum trade. new highs across the board. a catalyst today. data from the nat
along with president obama inching towards higher income threshold for tax cut expiration's the market is charging ahead, but in the last hour senator reid said the proposal from boehner will not pass the senate. the market is surging once again a high of the session up 117 points for the dow, right now better by 97. this is the breadth of the market, overwhelmingly positive meaning the advance is outpacing the decline. the dow jones industrial, as you can see, nice move. twenty-seven down 30...
88
88
Sep 27, 2012
09/12
by
FBC
tv
eye 88
favorite 0
quote 0
obama is extending his lead remark there is certainly a lot to you can take issue with. he going to devalue the dollar little further? give tax breaks to companies he is taking credit, he wants to spend more taxpayer money on infrastructure, math and science, ashley, where people who buy it. ashley: what's interesting is that he has managed to frame this, if you like by blaming the rich people who are just not paying their fair share. be gaining some traction. >> we have written a lot about this. it is a claim that he repeated in this advertisement. he said let's reduce the deficit by $4 trillion and raise the taxes on the wealthy. that means nothing in an economy where we would be running more than $1 trillion the annual deficit. mitt romney needs to come out and just do the arithmetic for people. the average american understands state of this economy. the banks on wall street monday doing good,. ashley: case in point. ohio, which is a very important swing state, if you look at their personal income since december 2007, it has risen a whopping 2.1%. in nearly five years
obama is extending his lead remark there is certainly a lot to you can take issue with. he going to devalue the dollar little further? give tax breaks to companies he is taking credit, he wants to spend more taxpayer money on infrastructure, math and science, ashley, where people who buy it. ashley: what's interesting is that he has managed to frame this, if you like by blaming the rich people who are just not paying their fair share. be gaining some traction. >> we have written a lot...
129
129
Nov 22, 2012
11/12
by
FBC
tv
eye 129
favorite 0
quote 0
lawmakers hike their taxes. one of them is here to join me and explain that. more "money" coming up next. can i help you? i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. p@ [ male announcer ] break from the holiday stress. i have obligations. cute tobligations, but obligatio.ing. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large profession invesrs choosese ishares for their etf. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. melissa: the days are flying by. have you noticed that there is no solution in sight for the
lawmakers hike their taxes. one of them is here to join me and explain that. more "money" coming up next. can i help you? i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. p@ [ male announcer ] break from the holiday stress. i have...
79
79
tv
eye 79
favorite 0
quote 0
house speaker john boehner with president obama said to make a statement about a half an hour. rich edson on that story from the white house. >> good afternoon. the president will underscore the need for congress to prevent a tax hike on the middle class. what that meant for election for democrats in the white house and the tax rate remaining the same for those families earning $250,000 per year or less, an increase in those earning more. democrats with a election victoy at the white house and united states senate have maintained their position saying it is a mandate to raise taxes on wealthier americans. john boehner says no to an increase, but as far as a plan is concerned, put that on the president. >> this is an opportunity for the president to leave, this is his moment to engage the congress and work towards a solution that can pass both chambers. dennis>> he says 2013 is when we should do entitlement and tax reform. we will hear from the president about a half-hour. back to you. dennis: thank you. cheryl: an increasing chance the economy will go over that fiscal cliff. s&
house speaker john boehner with president obama said to make a statement about a half an hour. rich edson on that story from the white house. >> good afternoon. the president will underscore the need for congress to prevent a tax hike on the middle class. what that meant for election for democrats in the white house and the tax rate remaining the same for those families earning $250,000 per year or less, an increase in those earning more. democrats with a election victoy at the white...
283
283
tv
eye 283
favorite 0
quote 0
president obama's second term promises now, he pledged to roll back the bush tax cuts. so what does that mean? another four years for you and your tax bill? lori: right. we've got a sneak-peek at treasurys with charlie. they are piling in snapping up the security of government paper. look at 10-year note, the yield dropping back to 1.63% as people buy up the paper. out the curve the 30-year duration yielding 2.82%. down nine basis points. investors around the globe snapping up the perceived security of u.s. government debt. we're back with more after this. >> falling the below the 13,000 level today, now down 261 points. well the focus has shifted to the looming fiscal cliff in the wake of president obama's re-election. moody's is again talking about a possible downgrade to the u.s. credit rating. moody's says it will wait until the 2013 budget negotiations are completed before taking a action. although the ratings firm says failure to reach an agreement will not mean an automatic downgrade. >>> boeing is reportedly planning a major restructuring to the defense division
president obama's second term promises now, he pledged to roll back the bush tax cuts. so what does that mean? another four years for you and your tax bill? lori: right. we've got a sneak-peek at treasurys with charlie. they are piling in snapping up the security of government paper. look at 10-year note, the yield dropping back to 1.63% as people buy up the paper. out the curve the 30-year duration yielding 2.82%. down nine basis points. investors around the globe snapping up the perceived...
142
142
Dec 28, 2012
12/12
by
FBC
tv
eye 142
favorite 0
quote 0
perhaps a scaled down deal from president obama? >> yeah. i believe we need a big deal, but the more likely possibility, at this point, is it's really focused on a tax deal where they come up with some number between what speaker boehner and president obama talked about, that they address things like alternative minimum tax, and put together a deal that we either try to pass before the end of the year or get agreement to come back right after the first of the year and pass it through both houses. adam: the numbers were something like the president at one point was willing to raise his baht -- bottom line to 400,000. if that's the deal, can you guys, can the men and women in our political leadership pass something before midnight, december 31? >> well, i think so. i mean, and you're going exactly the right direction. if you take what's been put on the table, you got the senate bill, you got the house bill, and you got what president obama and speaker boehner talked about, somewhere in the middle, i think, is a deal we could pass before year e
perhaps a scaled down deal from president obama? >> yeah. i believe we need a big deal, but the more likely possibility, at this point, is it's really focused on a tax deal where they come up with some number between what speaker boehner and president obama talked about, that they address things like alternative minimum tax, and put together a deal that we either try to pass before the end of the year or get agreement to come back right after the first of the year and pass it through both...
279
279
Nov 19, 2012
11/12
by
FBC
tv
eye 279
favorite 0
quote 0
it does not matter how much barack obama and congress raise tax rates this year, we're stuck at 2% growth, you're never going to see anywhere near the kind of revenues we need to balance the budget. i just say something about something rich just said in his report? i am so frustrated, we will create another sequester? why won't they ever just cut spending right now? i'm getting to the point where let's just do this, do the cuts, we're spending a trillion dollars more than we are taking in. what does every household do, every company do, they're cutting expenditures. lori: we need more growth, that is a problem, obviously the big fear of tumbling off the cliff. >> let me correct you right there. this is one of my pet peeves. if you cut government spending, that is good for the economy, not bad for the economy. the reason i get frustrated if everybody else gets this wrong. return the other networks what they're talking but it's oh, my gosh, cannot cut government spending. that is what got us the stimulus bill which was oppose posted tot down to 5.5%. lori: let's talk particulars. you refere
it does not matter how much barack obama and congress raise tax rates this year, we're stuck at 2% growth, you're never going to see anywhere near the kind of revenues we need to balance the budget. i just say something about something rich just said in his report? i am so frustrated, we will create another sequester? why won't they ever just cut spending right now? i'm getting to the point where let's just do this, do the cuts, we're spending a trillion dollars more than we are taking in. what...
121
121
Dec 31, 2012
12/12
by
FBC
tv
eye 121
favorite 0
quote 0
do not have to vote for a tax increase. it happens with or without you. you do not have to vote for a tax increase in that way. obama has something to worry about here, by the way. the republicans could even lose the next election because of this. he will have to live with this in the history books. dagen: reelection or legacy? great to speak with you, david. happy new year. tom kloza is coming up next. we had record gas prices this year. the average price we paid this year was a new record. will it be even higher in 2013? the top-selling car in 2012 was the ford focus. kind of little. if you are celebrating, finding that cab ride home after the party is going to cost you some coin. we are talking about limo service. i have used it. it is kind of nice. take a look at the treasury markets. the bond market closes today, early at 2:00 p.m. eastern time. that is what the federal government can do, it can borrow money at that. ♪ [ male announcer ] this is joe woods' first day of work. and his new boss told him twongs -- cook w
do not have to vote for a tax increase. it happens with or without you. you do not have to vote for a tax increase in that way. obama has something to worry about here, by the way. the republicans could even lose the next election because of this. he will have to live with this in the history books. dagen: reelection or legacy? great to speak with you, david. happy new year. tom kloza is coming up next. we had record gas prices this year. the average price we paid this year was a new record....
140
140
Nov 20, 2012
11/12
by
FBC
tv
eye 140
favorite 0
quote 0
we heard it from bill kristol a couple of weeks ago. >> obama does not occupy the high moral ground alone. what they should do, but will not, you want clinton type of tax rate that we had back in the 1990s, okay, give us that clinton type of error. in return, we want spending levels proportion to the economy. repeal obamacare. republicans should go on offense instead of just letting the democrats define the terms of debate. dagen: do you think that all of the tax rate should go up? >> no. no. dagen: just for the wealthy, you are talking about. >> i do not want any tax increases. critics will say: oh, you are just kicking the can down the road. fine, that will help save the economy. that things will happen. connell: just in terms of perspective, the economy and numbers we report every day, you could make an argument that things are getting a little bit better. the housing data is turning around. some people say time heals wounds. >> all the more reason not to hurt the economy. there are numerous new regulations coming under obamacare. that will hurt. you have numerous regulations coming fr
we heard it from bill kristol a couple of weeks ago. >> obama does not occupy the high moral ground alone. what they should do, but will not, you want clinton type of tax rate that we had back in the 1990s, okay, give us that clinton type of error. in return, we want spending levels proportion to the economy. repeal obamacare. republicans should go on offense instead of just letting the democrats define the terms of debate. dagen: do you think that all of the tax rate should go up?...
120
120
Nov 30, 2012
11/12
by
FBC
tv
eye 120
favorite 0
quote 0
and offered by tim geithner who had tax problems in the past and today president obama is it at a toy factory campaigning for new taxes on the rich. and joining us is julia. >> hi. stuart: how are you. >> i'm great. stuart: i can't believe that you, as a regular american, want to do this to america, do you? >> i think it's because-- i don't think that this is exactly what what's going to happen. stuart: you don't think that the president will actually do this. >> no, no, i think the president has learned to negotiate. what the president would do, he would start with sort of half a loaf and negotiate and give the republicans about 75% of what they wanted. i think he's finally understood if you want to actually get to at least halfway, you have to start at extremes and meet halfway. republicans have done this all along. stuart: you agree with me, if this plan, anything like it from the president, were imposed on the economy at this time it would lead to recession. >> i think that the president is fully aware as are democrats and anybody realistic. stuart: you make that judgment. >> i am
and offered by tim geithner who had tax problems in the past and today president obama is it at a toy factory campaigning for new taxes on the rich. and joining us is julia. >> hi. stuart: how are you. >> i'm great. stuart: i can't believe that you, as a regular american, want to do this to america, do you? >> i think it's because-- i don't think that this is exactly what what's going to happen. stuart: you don't think that the president will actually do this. >> no, no,...
199
199
Nov 29, 2012
11/12
by
FBC
tv
eye 199
favorite 0
quote 0
the obama team wants to raise tax now, promises of entitlement reform later and ignore the debt. that's the fiscal cliff deal of the day and the market likes it and the numbers are 5, 16, 22, 23, 29, and the powerball is 6. you lost. the government won. "varney & company" is about to begin. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the marke he goes with people he trusts, . . >> . stuart: it's a modern day tea party. it's a revolt led by corporations. the wall street journal reports 173 companies announced they'll pay special dividends for shareholders before the end of the year because a big tax increase on dividends could be coming next year and many companies moving up regular dividends to save their taxpayers, to save taxpayers a lot of money. start with disney. it's raising its dividend and paying it out on december 28th. that's 1.3 billion dollars paid out in total, paid out under the current tax rate. and las vegas sands paying a special dividend, that's a one on shot
the obama team wants to raise tax now, promises of entitlement reform later and ignore the debt. that's the fiscal cliff deal of the day and the market likes it and the numbers are 5, 16, 22, 23, 29, and the powerball is 6. you lost. the government won. "varney & company" is about to begin. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the marke he goes with people he trusts, . ....
95
95
tv
eye 95
favorite 0
quote 0
more years of obama means more concerned about the economy, higher taxes, higher taxes on ad energy companies, less production and right now the market says the negative for the economy always negative for oil prices if you're worried about going into a recession. david: coal prices down 30%, coal stocks are getting hit. liz: gasoline down more than $0.20 over the past couple of weeks so it is important to note that helps the consumer. david: wilbur ross says businesses should be aware of his second term for obama, so what are the biggest issues investors have to be worried about? chairman and ceo joining us after the break. liz: said president obama's reelection be good for the economy? so far not great for the market, it has been one day though. a big fan of the president's auto bailout, why he says can listen to this, america has an extraordinary opportunity for manufacturing boom, real positivity coming up from austin. you see us, at the start of the day. on the company phone list that's a few names longer. you see us bank on busier highways. on once empty fields. everyday you see all the
more years of obama means more concerned about the economy, higher taxes, higher taxes on ad energy companies, less production and right now the market says the negative for the economy always negative for oil prices if you're worried about going into a recession. david: coal prices down 30%, coal stocks are getting hit. liz: gasoline down more than $0.20 over the past couple of weeks so it is important to note that helps the consumer. david: wilbur ross says businesses should be aware of his...
108
108
Nov 13, 2012
11/12
by
FBC
tv
eye 108
favorite 0
quote 0
president obama says his reelection means we will tax the rich. democrats, republicans say they are old and the house meaning we won't raise taxes on any one. are you two side going to blow this and what let happen? >> i hope not. there is room for compromise. but i don't think labor leaders are going to get everything they want today. it is an election celebration but the voters in their wisdom have given us divided government again. democratic president, democratic senate and republican house and republican speaker. there's going have to give and take and there's a solution out there. dennis: which is more important to republicans? avoiding the fiscal cliff or avoiding a tax increase on people who earn over $250,000 a year? >> what is most important to us is not causing a recession at this precarious point in our nation's history. if we do what labor leaders were suggesting today at the white house, then i think we are going to go back into a double-dip recession. we are down below 8% unemployment right now. last thing we need to do is send it r
president obama says his reelection means we will tax the rich. democrats, republicans say they are old and the house meaning we won't raise taxes on any one. are you two side going to blow this and what let happen? >> i hope not. there is room for compromise. but i don't think labor leaders are going to get everything they want today. it is an election celebration but the voters in their wisdom have given us divided government again. democratic president, democratic senate and republican...
183
183
tv
eye 183
favorite 0
quote 0
we see 21 tax increases under the first term of the obama administration. it means controlling spending and taxes to allow the economy to grow. connell: people talk about whether they can get big-time tax reform something like 1986. thanks for coming on today. >> thank you for having me. dagen: gasoline still not getting to many drivers in the northeast. what does this mean for the price of gasoline? for everybody? connell: lines not getting better. some places, so many days after such a big issue and are we in a recession? are we and one right now? some say we are, just not being called that. liz macdonald will report on that and let's look at treasuries, 168 on a ten year yield. lori: i am lori rothman. the u.s. trade deficit narrowed in september to its smallest since december of 2010. the deficit dropped since august to $41.5 billion and exports rose to a record. jobless claims better than expected last week falling by 8,000 to 355,000 but don't get too excited. labor department cautioned these figures were distorted by superstorm sandy and will continu
we see 21 tax increases under the first term of the obama administration. it means controlling spending and taxes to allow the economy to grow. connell: people talk about whether they can get big-time tax reform something like 1986. thanks for coming on today. >> thank you for having me. dagen: gasoline still not getting to many drivers in the northeast. what does this mean for the price of gasoline? for everybody? connell: lines not getting better. some places, so many days after such a...
136
136
tv
eye 136
favorite 0
quote 0
president obama wants to plug that trillion dollars hole by raising taxes on household incomes, as we all know that have incomes over $250,000. the top 2%. that would bring in $802 million, $82 billion. that's about 8% of that deficit. so does that suggest w have a tax problem or, perhaps, a spending problem? think about this. taxpayers making more than $250,000 representing the top 2% paid more than 46% of all texas. that would seem like a pretty fair deal to most of us, but the president says it is not fair. we don't know what that number is. how much should it be? and contrary to what the president would have you believe as he campaigns untack sites all around the country and against the wealthy, he's doing a lot of that. the bush tax rates are not the root of our problems. in fact, individual tax payments rose, get this, $2,303,000,000,000 or 26%. over the past two years. under those very low unshared bush tax rates with the difficult slope but a growing economy we still added $233 billion to the federal revenue. here is what happens if obama drives us off the cliff. that 82 billi
president obama wants to plug that trillion dollars hole by raising taxes on household incomes, as we all know that have incomes over $250,000. the top 2%. that would bring in $802 million, $82 billion. that's about 8% of that deficit. so does that suggest w have a tax problem or, perhaps, a spending problem? think about this. taxpayers making more than $250,000 representing the top 2% paid more than 46% of all texas. that would seem like a pretty fair deal to most of us, but the president says...
76
76
tv
eye 76
favorite 0
quote 0
with the deal that involves raising tax rates president obama is ready over the cliff. joining as well, congresswoman martian blackwell. if given a choice would you take no deal of fall and over the cliff or you take a deal that includes higher tax rates on the rich? >> to raise tax rates on anybody is the wrong step. what we have said for a long time is cut the spending. look at revenue. stuart: i have today on this. would you absolutely positively say no, i will not vote for raising tax rates on the rich. i would rather go over the fiscal cliff. >> i don't want to go over the fiscal cliff, but i am not for raising the tax rates. you are not getting to the heart of the problem. it is continuing to sweep of the rock. stuart: you may come to a point where that is the twisted your facing. if he don't say yes on raising tax rates we will go over the cliff. when the going to do if push comes to shove at the very end of this month. >> and what we're trying to do them all we have been trying to do for years is to not come to this point. had we been addressing the need for a p
with the deal that involves raising tax rates president obama is ready over the cliff. joining as well, congresswoman martian blackwell. if given a choice would you take no deal of fall and over the cliff or you take a deal that includes higher tax rates on the rich? >> to raise tax rates on anybody is the wrong step. what we have said for a long time is cut the spending. look at revenue. stuart: i have today on this. would you absolutely positively say no, i will not vote for raising tax...
179
179
Nov 12, 2012
11/12
by
FBC
tv
eye 179
favorite 0
quote 0
melissa: should republicans just give in on president obama's plan that taxes go up on $250,000. the surprising word from a leading conservative commentator coming up. stephen moore joins us on his conversation with tough talking senate majority leader mitch connell. lori: this is kuwait. proving that is chump change. change that you find in the couch. it makes the golden globe. melissa: time for stocks now as we do every 15 minutes. nicole petallides is standing by. nicole: we have gone over that unchanged lines throughout the day. the dow is moving higher as are both the nasdaq composite and s&p 500. do not forget last week we saw heavy selling 300-point down days. it was the worst week in a month. it showed some conviction to the selling after the election was complete. right at the top of the show, you talked about the fiscal cliff. there certainly is that feeling. we have seen selling of dividends, utilities and telecom throughout last week. you do see some arrows across the board without arrows. jefferies stepping in. by the rest of the investment bank. sharon williams maki
melissa: should republicans just give in on president obama's plan that taxes go up on $250,000. the surprising word from a leading conservative commentator coming up. stephen moore joins us on his conversation with tough talking senate majority leader mitch connell. lori: this is kuwait. proving that is chump change. change that you find in the couch. it makes the golden globe. melissa: time for stocks now as we do every 15 minutes. nicole petallides is standing by. nicole: we have gone over...
58
58
Dec 21, 2012
12/12
by
FBC
tv
eye 58
favorite 0
quote 0
president obama moved to 400,000 and we see there was room for compromise. this derails us a little bit but we are convinced it is a positive side better deal will be struck if not by the deadline, just after. cheryl: it has to be next week or no deal. >> if they fail to do it is the risk of scenario. cleanup business leaders, enough people recognize the effect of no deal and no near-term deal, we are confident right thing to get done. we have seen this before. it has to be at the last moment. chests of bumping and position of being dug in but our confidence remains -- cheryl: you heard we are going to get a deal, the timing could be a disaster for portfolio managers like yourself who got to advise your clients before the end of the year and end of your tax planning is the major issue for many of them. >> i kind of agree with you but i don't completely. we have been saying for quite some time there would be some sort of hunting of the situation, a deal that would come in at the 11th-hour just like we have seen before, but that there was not an immaterial cha
president obama moved to 400,000 and we see there was room for compromise. this derails us a little bit but we are convinced it is a positive side better deal will be struck if not by the deadline, just after. cheryl: it has to be next week or no deal. >> if they fail to do it is the risk of scenario. cleanup business leaders, enough people recognize the effect of no deal and no near-term deal, we are confident right thing to get done. we have seen this before. it has to be at the last...
122
122
Dec 12, 2012
12/12
by
FBC
tv
eye 122
favorite 0
quote 0
but no, president obama is not a tax cutter. here's a suggestion, perhaps our corporate leaders should stop supporting an administration that at heart wants to punish them. copd makes it hard to breathe, but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven toelp significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator working together to help improve your lung function all day. advair won't replace fast-acting inhalers for sudden symptoms and should not be used more than twice a day. people with copd taking advair may have a higher chance of pneumonia. advair may increase your risk of osteoporosis and some eye problems. tell your doctor if you have a heart condition or high blood pressure before taking advair. if you're still having difficulty breathing, ask your doctor if including advair could help improve your lung function. get your first full prescription free and save on refills at advaircopd.com
but no, president obama is not a tax cutter. here's a suggestion, perhaps our corporate leaders should stop supporting an administration that at heart wants to punish them. copd makes it hard to breathe, but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven toelp significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator working together to help improve your lung...
139
139
Oct 11, 2012
10/12
by
FBC
tv
eye 139
favorite 0
quote 0
that is why earns young said obama tax increases are real. gerri: the president throwing up his hands and say that you cannot change washington from the inside. chris christie, governor from w jersey have some strong words on the campaign trail about that. >> i feel badly for the president. maybe he is still a little tired from last wednesday night. [cheers] [applause] maybe he is disoriented and what he says. but let me remind you. i want to help the president. he loves me and i'm sure he's out there listening. [laughter] mr. president, you have this inside at 1600 pennsylvania avenue for the last four years. if you can' change and affect change from inside the white house, let's give you the way to get back to chicago that you deserve. >> we are going to find out about this hopefully during the presidential debate and why washington doesn't work. joe biden was rocco biden n 10 obama 's i hope that they will bring it up, exactly why barack obama was not able to do a deal with publicans. gerri: at it's a big question. jonathan, le's just jump
that is why earns young said obama tax increases are real. gerri: the president throwing up his hands and say that you cannot change washington from the inside. chris christie, governor from w jersey have some strong words on the campaign trail about that. >> i feel badly for the president. maybe he is still a little tired from last wednesday night. [cheers] [applause] maybe he is disoriented and what he says. but let me remind you. i want to help the president. he loves me and i'm sure...
123
123
tv
eye 123
favorite 0
quote 0
he did the opposite of what president obama did in terms of cutting taxes and reducing government and deregulating and what his recovery look like, month after month of 500, 600, 900,000, over a million jobs in 1983. dagen: back to the original point, mitt romney has to avoid trying to discredit this number. >> he will not do that. [talking over each other] >> ronny isn't going to discredit or do what jack welch did but what he is going to say is the obama recovery such as it is and various other economic indicators you talked about which indicate it is slowing down and stagnant and might be slipping into recession. that is the perception that the average american and average voters operating with. dagen: perfect to see you. nice discussion about the number of people working that called the unemployment rate to drop below the 8% mark. eight hundred seventy three thousand was the number in the household survey. our next guest has been talking about this that the economy is not as weak as you might think. scott minored is joining me now from santa monica. you called it but do you think
he did the opposite of what president obama did in terms of cutting taxes and reducing government and deregulating and what his recovery look like, month after month of 500, 600, 900,000, over a million jobs in 1983. dagen: back to the original point, mitt romney has to avoid trying to discredit this number. >> he will not do that. [talking over each other] >> ronny isn't going to discredit or do what jack welch did but what he is going to say is the obama recovery such as it is and...
100
100
Nov 20, 2012
11/12
by
FBC
tv
eye 100
favorite 0
quote 0
it is president barack obama tax hike. it will kill small businesses who employ the majority of americans. couple that with obamacare, and you are in big trouble. tom: i don't mean to remind you but we had an election recently. and his point, you sa say okay,i know there was almost country voted for mitt romney, but more voted for him. and so he has the cards right now. >> first of all the rest of the country is not a bunch of defeated republicans, they're the loyal opposition and had a voice in the right to express their concerns. he is now the president of the people who voted for him, he is the president of the united states of america and he ought to act like it because he has not done it for four years. tom: john boehner has another election in two years. he has the entire house every two years. so he's going to want to look like the obstructionist again? and by the way, he has the vote thing going for him. he think he will go along? speak out like to hit republicans in the head and say no matter what you do, you are
it is president barack obama tax hike. it will kill small businesses who employ the majority of americans. couple that with obamacare, and you are in big trouble. tom: i don't mean to remind you but we had an election recently. and his point, you sa say okay,i know there was almost country voted for mitt romney, but more voted for him. and so he has the cards right now. >> first of all the rest of the country is not a bunch of defeated republicans, they're the loyal opposition and had a...
225
225
Sep 18, 2012
09/12
by
FBC
tv
eye 225
favorite 0
quote 0
now this, by the way doesn't mean everyone collecting benefits is an obama supporter as the governor clearly implied but it is sure clear if you don't pay income taxes you're not going to be half as excited about governor romney's plan to cut income taxes. welfare, entitlements, it's clear that many folks would likely vote for someone who would expand those entitlements and welfare rather than working to cut them. and yes, 46% of the americans, 46%, just to put the number, get the number absolutely correct as of this moment, 46% are paying no income tax at all. 47% was the figure for 2010. so, yes, things are getting better. i mean we've seen that drop from 47% not paying to 46%. but let's cut the nonsense. wealthier people, you want to talk about class warfare, mr. president? the democratic party? i mean, really want to try the class warfare thing? because you're really playing and pandering and appealing to the ignorance and stupidity of some people that you want to vote for you. because you see there is no secret about this. people who make more money pay bigger taxes and when the
now this, by the way doesn't mean everyone collecting benefits is an obama supporter as the governor clearly implied but it is sure clear if you don't pay income taxes you're not going to be half as excited about governor romney's plan to cut income taxes. welfare, entitlements, it's clear that many folks would likely vote for someone who would expand those entitlements and welfare rather than working to cut them. and yes, 46% of the americans, 46%, just to put the number, get the number...
125
125
tv
eye 125
favorite 0
quote 0
president obama says, yeah he is open to compromise with republicans, but, higher taxes must be part of any deficit plan. our very own gerri willis will weigh in on that story next. tracy: as we head out to break though, the dow is only down 20 points. let's look at winners and losers on the s&p 500. gannett up almost 3 1/4%. we'll be right back. ashley: 30 minutes past the hour, a check of the markets, the dow starting to move higher. sandra smith with more. sandra: i have no real pro with me, then, what do you make of this market action after two days of heavy selling in the market looking for direction? >> it was beaten up pretty well two days in a row. if you look in terms of that it is taking a rest between rounds. i think we're at the low end lorraine and investors should have had their shopping list out buying the downturn because we are close to the bottom. nicole: you are recommending investors buy into this market now. >> absolutely. i always believe investors should buy when things are for sale, not when they are going to. traders have different mentality. and you start to
president obama says, yeah he is open to compromise with republicans, but, higher taxes must be part of any deficit plan. our very own gerri willis will weigh in on that story next. tracy: as we head out to break though, the dow is only down 20 points. let's look at winners and losers on the s&p 500. gannett up almost 3 1/4%. we'll be right back. ashley: 30 minutes past the hour, a check of the markets, the dow starting to move higher. sandra smith with more. sandra: i have no real pro with...
149
149
tv
eye 149
favorite 0
quote 0
[talking over each other] connell: those are real things. >> you said obama blamed the bush tax cuts. obama -- [talking over each other] >> what got us into the recession was the collapse of the american economy back september. [talking over each other] >> don't confuse -- cheryl: we have to go. a great discussion between both of you. [talking over each other] cheryl: is an election day rally. hands down, 169 points and todd schoenberger air, and capital management president joins us now. you are worried about 2013 no matter who wins. you don't care who wins today. >> the market is going to do what it wants to do and we have seasonal strength and going and the fed printing $40 billion a month. typically the year after a presidential election, not very good and earnings, sales growth, that will catch up in 2013. cheryl: 20% of dp. and lackluster earnings news 3 rnowred not¿ acdiso cf1 o obama presidency, he loves the most important part of today, 13,000 on the dow held and also 1400 on the s&p and as long as those areas stayed above those levels good news and also financials are start
[talking over each other] connell: those are real things. >> you said obama blamed the bush tax cuts. obama -- [talking over each other] >> what got us into the recession was the collapse of the american economy back september. [talking over each other] >> don't confuse -- cheryl: we have to go. a great discussion between both of you. [talking over each other] cheryl: is an election day rally. hands down, 169 points and todd schoenberger air, and capital management president...